Innovation, Lessons, Overview, Trends
Gilad Shai
Bryan Falchuk - The Future of Insurance
Entrepreneurship, Innovation, Insights, Startup
Gilad Shai
Nick Lamparelli - InsurTech Talk

Nick Lamparelli joined Gilad and the InsurTechLA community for an unscripted InsurTechTalk. In this broadcasted event, Nick was in the interviewee's seat. We had the opportunity to learn about Nick’s day job and dive into flood insurance and how to build insurance programs.

Nick Lamparelli - InsurTech Talk
Alex Devoto
Scream

The 1996 movie ‘Scream’ taught us one thing: Don’t answer the phone! And much like the characters of that movie, so to insurers should heed this advice when engaging with Millennials.

Scream
Entrepreneurship, Startup
Gilad Shai
Startup Life

A startup has a life but the people who breathe life into it…, well, they usually don't.

People like the idea of a startup. It is romantic. The excitement diminishes when they find out the extent of their responsibility and compensation. Basically, most people really want to work for Google. Google is a multibillion-dollar behemoth that has all the risk management tools and processes to support it. And yes! They still have all the perks and cool parties at the end of Google I/O.

Innovation, Overview, Startup, Trends
Gilad Shai
Innovation as a step function

Step Up

The entrance of startups to the insurance industry, nearly four years ago (2015), introduced a change, innovation, that made all the components, whether they are linear or passive, to react. The new teen spirit that the startup introduced acted as a step function that increased the value of the industry. The input may be a nice and clean function. It has a ripple effect that affects the entire pond until is converges on the new and higher level.

Innovation as a step function

Image Processing

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Geospatial Insights - LA InsurTech Talk

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Thomas (Tommy) Ashman, co-founder of Slingshot Aerospace, joined me for a fireside chat on Geospatial Insights and the insurance.

The audience enjoyed learning about Tommy's background and personal journey into entrepreneurship. Starting from his air force service to meeting his co-founder, Melanie. 

Another journey that we talked about was the journey of building the company and the product. Many startups start in one direction and then pivot the product to find a market fit. Slingshot started with a mission to help vineyard owners to produce better wine. A mission that resonates with many readers. 

Slingshot was part of the TechStars LA inaugural class. We touched lightly on the fundraising effort and didn't go into details because at the time of the chat they were close to close a large seed.